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HKA & Spencer West Joint Webinar | Understanding construction insolvency in the wake of covid-19

Posted: 5 Nov 2020

HKA and Spencer West LLP invite you to join this free webinar focusing on insolvency in the construction industry supply chain. Understanding its causes and implementing mitigation measures can undoubtedly help minimise the impact. Within the backdrop of this intense COVID-19 climate, our experienced panel of commercial, financial and legal experts will explore safeguards that can be implemented when putting construction contracts in place, as well as the practical steps to take should an insolvency event impact your construction project and your supply chain.

DETAILS

Thursday 26th November

10.30am -11.30am

Register here

DISCUSSION POINTS

Legal Issues 

  • Introduction to insolvency. 
  • The practical impact of the new Corporate Insolvency and Governance Act 2020. 
  • Standard forms of contract – JCT & NEC provisions (impact of the new Act). 
  • Security packages (performance bonds and parent company guarantees). 

Quantum Issues  

  • Practical steps that parties can take to protect themselves. 
  • Preparing for insolvency – how to spot the warning signs on a project. 
  • Some simple “dos and dont’s” of insolvency. 

Financial Issues 

  • Red flags – how to test when companies (contractors, subcontractors or employers) are in financial difficulty. 
  • Warning signs that banks and investors look for. 
  • What owners (or those putting out tenders) can do upfront to address potential issues.  

WHO SHOULD ATTEND?

Contractors, Subcontractors, Suppliers, Employers

SPEAKER BIOS

Sekai Nyambo – Associate Director/Chair, HKA

Sekai is a chartered quantity surveyor in HKA’s quantum team with 16 years’ commercial and contracts experience in the engineering and construction industries. Her portfolio includes major projects across a wide range of market sectors throughout the UK, Europe and South Africa.

Colin Johnson – Partner, HKA

Colin has over 25 years’ experience including acting as a lender, equity investor, developer, and legal and financial adviser. He has been appointed as an expert witness on more than 30 occasions for a variety of cases ranging up to US$50bn+ in claim value.

Paul Cacchioli – Director, HKA

Paul is a chartered quantity surveyor with more than 30 years’ construction industry experience. He has been appointed as a quantum expert on seven occasions for disputed projects including transport infrastructure and residential, mixed-use and healthcare buildings, with values of up to £250 million.

Elizabeth Vago – Partner, Spencer West

Elizabeth has over 20 years’ experience of a wide variety of large social infrastructure projects, renewable energy projects, local government outsourcing contracts, general commercial contracts and privacy and compliance in private practice and in industry.

Jonathan More – Partner, Spencer West

Jonathan has 20 years’ extensive experience as a qualified lawyer working on major construction and engineering projects, providing full project support from procurement through to contract close-out. 


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